Elevate Digital snares $2.7M in funding

A Chicago-based interactive kiosk startup has lined up $2.7 million in venture funding.

Elevate Digital develops interactive ad-supported kiosks, which have been installed at Navy Pier and other locations around Chicago, to provide information such as weather and tourist destinations to users. The company partnered with Groupon to include the Chicago-based daily-coupon giant's deals on its kiosks.

Elevate Digital will receive $2.7 million in its first round of venture funding from St. Louis-based Advantage Capital Partners and Chicago-based Metropolitan Capital Bank.

The company plans to use the money to expand into new markets and add new display products. Elevate expects to double its headcount to about 20 and will move into new offices at 200 S. Michigan Ave.

John Pletz covers technology and aviation for Crain's. Follow him on Twitter: @JohnPletz.